Report Says Smart Card Updates to 1.2M POS Card Readers and 7M Card-Reading Terminals to Cost $9.5B and Won’t Be Completed till 2018 The retail and payment card industries are committed to converting to Chip and PIN Smart Card technology by December 2015. However, a report by Homeland Security Research Corp (HSRC), a non-governmental marketing research firm,forecasts that it will take until 2018 for Chip and PIN to reach 80 percent of the market. In addition to pointing out this dichotomy, a discountedhotelrooms.org story featuring…
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